Obviously if you are holding from our alert at $.0001 - $.0002 now might be a good time to take some profits, no need to get too greedy as you are up 400%. As for as taking a new position, watch the action to ensure no additional shares are being sold into the market.
Today's move took the same volume that the move from $.0001 to $.0002 took, which could represent investors buying and holding for a higher price, which is a good sign. Traders who bought at lower prices are handing their shares to new investors who are holding for even higher prices. It makes for an orderly market in which a stock that once traded for $.0001 can surge to new highs, as long as investor interest persists.
Penny stocks have a way of gaining momentum that is difficult to stop. Check out HESG's high from our previous chart. $.006 would be an amazing pop for this stock, but its been done before and then some.
- It would not be suprising to see HESG open trading at $.0009 or $.001.
- A break above $.001 with conviction and the next target is $.002.
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7 comments:
guru the interest in this stock has been off the chain...... I am thinking we can go beyond your .002, but you never know. The fact that their in a niche market, and with news on cnn about changes in government policy, and strong volume......could be your best pick of all time!
penny stocks are very advantageous for investment.penny stocks are cheap as well and would be available to all classes.
.0012 WOW GURU!!!! YOu just made me $5000!!!!
0.0015's are here.
we can hit .003's min if people would sit tight on their shares...
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